Sportswear Market to Reach $128.41 Billion by 2031, Driven by Health and Wellness Trend | Valuates Reports

BANGALORE, India, May 16, 2025 /PRNewswire/ -- Sportswear Market is Segmented by Type (Hats, Upper Garment, Under Clothing, Skirts), by Application (Professional Athletic, Amateur Sport).

The Sportswear Market was valued at USD 102640 Million in the year 2024 and is projected to reach a revised size of USD 128410 Million by 2031, growing at a CAGR of 3.3% during the forecast period.

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Major Factors Driving the Growth of Sportswear Market:

The sportswear market continues to thrive due to its alignment with modern consumer needs for performance, comfort, and style. Shifts toward healthier lifestyles, fashion-forward activewear, and sustainability are reshaping product innovations and branding strategies. Increased sports participation along with the rise of digital commerce and social influence, creates robust demand across segments. As the industry expands its appeal through inclusivity, regional outreach, and personalization, it remains one of the most dynamic sectors in the apparel landscape. With these multi-dimensional drivers, the sportswear market is positioned for sustained global growth.

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TRENDS INFLUENCING THE GROWTH OF THE SPORTSWEAR MARKET:

Upper garments such as jerseys, compression tops, and performance T-shirts are primary contributors to the sportswear market's growth. These garments incorporate moisture-wicking, breathable, and stretchable materials that enhance athletic performance and user comfort. Popularity in fitness and wellness activities like gym workouts, yoga, and running has increased the demand for functional upper wear. Moreover, sponsorship and branding opportunities on jerseys in sports leagues significantly boost market visibility and consumer interest. As fashion trends integrate sporty aesthetics, upper garments have become everyday wear, appealing to a wider audience beyond athletes. Their dual appeal for performance and casual wear positions them as a critical growth segment in the sportswear market.